🚫💰 STOP LOSS in SPOT TRADING: A Double-Edged Sword?
I used to swear by Stop Losses (SLs)... until I studied my Trade History.
✅ 30% of my trades hit Take Profit (TP)
❌ 70% hit Stop Loss
I realized — SLs were cutting my chances short!
So I changed strategy:
📌 I follow my trades closely
📌 I don't set tight SLs
📌 I adapt with the market, not against it
Yes, $WCT shook me — hard. But I didn’t panic. I re-strategized, held on, and now I’m climbing back up.
🎯 Moral?
Stop Loss isn't one-size-fits-all. Know your style, know your coin, and most importantly… know your strength.
